ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Anyone can be an entrepreneur and:
A
you must be 21 years of age to get started.
B
you must have another job
C
you can begin at any age.
D
None of the above
Explanation: 

Detailed explanation-1: -You can become an entrepreneur at any age because all you need is passion, plans, and a great work ethic. There will never be a perfect age or a perfect time. Just do it!

Detailed explanation-2: -Yes, anyone can be an entrepreneur, but not everybody is going to have the same level of success. Entrepreneurship takes a lot of experience, determination and sometimes education. There are no prerequisites to becoming an entrepreneur, though, and there are successful entrepreneurs from every demographic.

Detailed explanation-3: -Minimum age to register a company in India is 18 years. This is mandated by the Companies Act, 2013, which sets the minimum age requirement for companies as well as individual directors. The aim of this rule is to ensure that the young minds of the country are engaged in businesses and entrepreneurial ventures.

There is 1 question to complete.